| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 2,750 | 2,063 | 687 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABB LTD | 13,118 | 13,118 |
| ABBVIE INC SR GLBL NT 26 | 51,807 | 51,807 |
| ADOBE INC | 13,125 | 13,125 |
| AIA GROUP LTD | 20,149 | 20,149 |
| AIR LIQUIDE-ADR | 14,825 | 14,825 |
| AIRBNB INC | 4,901 | 4,901 |
| AIRBUS SE | 18,761 | 18,761 |
| AKZO NOBEL N V | 13,031 | 13,031 |
| ALIBABA GROUP HOLDING LTD | 16,975 | 16,975 |
| ALPHABET INC | 33,682 | 33,682 |
| AMAZON.COM INC | 96,264 | 96,264 |
| AON PLC | 14,842 | 14,842 |
| APPLE INC | 91,757 | 91,757 |
| ASML HOLDING N V | 12,111 | 12,111 |
| AT&T INC | 49,019 | 49,019 |
| AUTOHOME INC | 6,734 | 6,734 |
| BANDAI NAMCO HLDGS INC | 6,286 | 6,286 |
| BANK AMER CORP | 52,378 | 52,378 |
| BERKSHIRE HATHAWAY FIN | 46,060 | 46,060 |
| BOSTON PROPERTIES LP | 50,108 | 50,108 |
| BP P L C SPONSORED ADR | 30,090 | 30,090 |
| BROADCOM INC | 18,976 | 18,976 |
| BUREAU VERITAS SA | 14,299 | 14,299 |
| CAPITAL ONE FINANCIAL CORP | 59,543 | 59,543 |
| CARLSBERG AS | 9,637 | 9,637 |
| CISCO SYSTEMS INC | 52,464 | 52,464 |
| CITIGROUP INC | 49,438 | 49,438 |
| COMPAGNIE FINANCIERE | 12,199 | 12,199 |
| COMPASS GROUP PLC | 21,639 | 21,639 |
| CONTINENTAL AG | 6,075 | 6,075 |
| COSTCO WHOLESALE CORP-NEW | 15,182 | 15,182 |
| CROWDSTRIKE HOLDINGS INC | 9,702 | 9,702 |
| DAIKIN INDS LTD | 13,402 | 13,402 |
| DBS GROUP HOLDINGS LTD | 9,523 | 9,523 |
| DISCO CORP | 11,488 | 11,488 |
| DISCOVER FINL SVCS | 49,916 | 49,916 |
| DISNEY WALT CO | 43,761 | 43,761 |
| DOW CHEMICAL CO | 47,144 | 47,144 |
| ELI LILLY & CO | 25,066 | 25,066 |
| ENGIE | 25,585 | 25,585 |
| ENN ENERGY HOLDINGS LTD | 9,367 | 9,367 |
| EXXON MOBIL CORPORATION | 50,527 | 50,527 |
| FIFTH THIRD BANCORP | 60,445 | 60,445 |
| FISERV INC | 46,665 | 46,665 |
| GOLDMAN SACHS GROUP INC | 59,735 | 59,735 |
| GRUPO FINANCIERO BANORTE | 19,449 | 19,449 |
| HENKEL AG AND CO KGAA | 8,310 | 8,310 |
| HOME DEPOT INC | 58,762 | 58,762 |
| HOYA CORP | 12,627 | 12,627 |
| HUNTINGTON NATIONAL BANK | 44,554 | 44,554 |
| ICICI BANK LTD | 19,811 | 19,811 |
| ICON PLC | 14,720 | 14,720 |
| IMCD GROUP NV | 9,746 | 9,746 |
| INTUITIVE SURGICAL INC | 9,446 | 9,446 |
| JPMORGAN CHASE & CO | 62,513 | 62,513 |
| KEYCORP | 45,134 | 45,134 |
| LEGRAND SA | 11,809 | 11,809 |
| LI NING COMPANY LIMITED | 5,888 | 5,888 |
| LULULEMON ATHLETICA INC | 13,294 | 13,294 |
| LVMH MOET HENNESSY LOUIS | 11,345 | 11,345 |
| MARRIOTT INTERNATIONAL | 7,667 | 7,667 |
| MASTERCARD INC | 48,722 | 48,722 |
| MASTERCARD INCORPORATED | 20,472 | 20,472 |
| MCDONALDS CORP | 60,385 | 60,385 |
| MERCK KGAA | 10,761 | 10,761 |
| META PLATFORMS INC | 28,671 | 28,671 |
| MICROSOFT CORP | 110,533 | 110,533 |
| MORGAN STANLEY | 51,599 | 51,599 |
| MTU AERO ENGINES AG | 6,794 | 6,794 |
| NETFLIX INC | 15,093 | 15,093 |
| NIKE INC | 48,536 | 48,536 |
| NOMURA RESH INST LTD | 13,585 | 13,585 |
| NOVO NORDISK A/S-ADR | 42,001 | 42,001 |
| NVIDIA CORP | 44,075 | 44,075 |
| P T TELEKOMUNIKASI | 9,763 | 9,763 |
| PAYPAL HOLDINGS INC | 40,289 | 40,289 |
| PERNOD RICARD S A | 13,871 | 13,871 |
| PT BANK MANDIRI PERSERO TBK | 15,623 | 15,623 |
| RELX PLC | 26,017 | 26,017 |
| ROCHE HOLDING LTD | 19,791 | 19,791 |
| RYANAIR HLDGS PLC | 23,605 | 23,605 |
| SALESFORCE.COM INC | 14,210 | 14,210 |
| SAMPO OYJ | 13,236 | 13,236 |
| SIEMENS HEALTHINEERS AG | 10,023 | 10,023 |
| SNOWFLAKE INC | 9,154 | 9,154 |
| STATE STR CORP | 50,693 | 50,693 |
| SUNCOR ENERGY INC | 13,040 | 13,040 |
| SUZUKI MOTOR CORP | 10,613 | 10,613 |
| TAIWAN SEMICONDUCTOR MFG CO | 35,776 | 35,776 |
| TENCENT HOLDINGS LIMITED | 15,604 | 15,604 |
| TESLA INC | 25,593 | 25,593 |
| TEXAS INSTRUMENTS INC | 40,396 | 40,396 |
| THALES AMERICAN DEPOSITARY | 16,218 | 16,218 |
| THOR INDUSTRIES INC | 32,992 | 32,992 |
| TJX COMPANIES INC NEW | 7,505 | 7,505 |
| TRADE DESK INC (THE) | 4,533 | 4,533 |
| UBER TECHNOLOGIES INC | 14,038 | 14,038 |
| UNILEVER PLC | 16,289 | 16,289 |
| UNITEDHEALTH GROUP INC | 12,109 | 12,109 |
| UNIVERSAL MUSIC GROUP NV | 10,835 | 10,835 |
| VALERO ENERGY CORP NEW | 46,373 | 46,373 |
| VERIZON COMMUNICATIONS INC | 51,453 | 51,453 |
| VERTEX PHARMACEUTICALS INC | 9,358 | 9,358 |
| VISA INC | 50,626 | 50,626 |
| VITESCO TECHNOLOGIES GROUP | 1,227 | 1,227 |
| WELLS FARGO & CO | 59,357 | 59,357 |
| ZOETIS INC | 48,247 | 48,247 |
| ARCH CAPITAL GROUP LTD | 112,148 | 112,148 |
| BROOKFIELD ASSET MANAGEMENT | 33,863 | 33,863 |
| BROOKFIELD CORP | 30,933 | 30,933 |
| AMPHENOL CORPORATION | 55,017 | 55,017 |
| ARISTA NETWORKS INC | 67,827 | 67,827 |
| COPART INC | 72,520 | 72,520 |
| PACCAR INC | 71,577 | 71,577 |
| BERKLEY W R CORPORATION | 39,037 | 39,037 |
| BROWN & BROWN INC | 68,337 | 68,337 |
| BROWN-FORMAN CORPORATION | 27,408 | 27,408 |
| CARLISLE COMPANIES INC | 86,231 | 86,231 |
| CARMAX INC | 59,550 | 59,550 |
| CDW CORPORATION | 60,240 | 60,240 |
| DOLLAR TREE INC | 83,667 | 83,667 |
| EXPEDITORS INTERNATIONAL OF WASHINGTON INC | 30,019 | 30,019 |
| FLOOR & DECOR HOLDINGS INC | 53,660 | 53,660 |
| GARTNER INC | 114,582 | 114,582 |
| LABORATORY CORP AMER HLDGS | 55,459 | 55,459 |
| LIBERTY BROADBAND CORPORATION | 49,563 | 49,563 |
| LIBERTY MEDIA CORPORATION | 38,699 | 38,699 |
| MICROCHIP TECHNOLOGY INC | 19,930 | 19,930 |
| ROSS STORES INC | 102,132 | 102,132 |
| TAKE TWO INTERACTIVE SOFTWARE INC | 25,430 | 25,430 |
| WATERS CORP | 45,105 | 45,105 |
| ARMSTRONG WORLD INDUSTRIES INC | 25,956 | 25,956 |
| GLACIER BANCORP INC | 33,965 | 33,965 |
| MKS INSTRUMENTS INC | 45,469 | 45,469 |
| MOELIS & COMPANY | 55,962 | 55,962 |
| ADVANCED MICRO DEVICES INC | 28,008 | 28,008 |
| AMERICAN TOWER CORPORATION | 6,908 | 6,908 |
| ARM HOLDINGS PLC | 4,509 | 4,509 |
| ASM INTERNATIONAL | 16,612 | 16,612 |
| ASTRAZENECA PLC | 8,284 | 8,284 |
| BOEING CO | 7,559 | 7,559 |
| CADENCE DESIGN SYSTEMS INC | 8,988 | 8,988 |
| CAPGEMINI SE | 10,092 | 10,092 |
| CHUBB LTD | 11,300 | 11,300 |
| COCA COLA EUROPACIFIC | 10,612 | 10,612 |
| COVESTRO AG | 10,591 | 10,591 |
| CVS HEALTH | 18,304 | 18,304 |
| EXPERIAN PLC | 7,674 | 7,674 |
| FANUC CORPORATION | 11,634 | 11,634 |
| HSBC HOLDINGS PLC | 11,270 | 11,270 |
| ING GROEP NV | 12,752 | 12,752 |
| INTEL CORP | 8,655 | 8,655 |
| ITAU UNIBANCO BANCO HOLDINGS | 12,142 | 12,142 |
| KBC GROUP NB | 9,276 | 9,276 |
| KEYSIGHT TECHNOLOGIES INC | 3,659 | 3,659 |
| LONDON STK EXCHANGE GROUP | 8,010 | 8,010 |
| L OREAL CO - ADR | 7,766 | 7,766 |
| MOBILEYE GLOBAL INC | 1,906 | 1,906 |
| MONGODB INC | 8,586 | 8,586 |
| MOODYS CORP | 7,811 | 7,811 |
| NITORI HOLDINGS CO LTD | 9,575 | 9,575 |
| NU HOLDINGS LTD | 1,999 | 1,999 |
| O REILLY AUTOMOTIVE INC | 14,251 | 14,251 |
| RECRUIT HOLDINGS CO LTD | 9,263 | 9,263 |
| RENESAS ELECTRONICS CORP | 12,376 | 12,376 |
| SAP SE | 12,522 | 12,522 |
| SCHWAB CHARLES CORP | 14,672 | 14,672 |
| SERVICENOW INC | 12,717 | 12,717 |
| SHIN ETSU CHEMICAL CO LTD | 10,409 | 10,409 |
| TRUIST FINANCIAL | 39,507 | 39,507 |
| DUKE ENERGY CORP | 16,483 | 16,483 |
| ADVANTEST CORP | 9,527 | 9,527 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 1,399 | 0 | 1,399 | |
| STATE FILING FEE | 10 | 0 | 10 |
| Description | Amount |
|---|---|
| NET UNREALIZED GAIN ON INVESTMENTS | 790,829 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT | 41,917 | 41,917 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 3,265 | 3,265 | 0 |